ZynTravel Review: Is It Legit Or Just A Scam?
Zyn Travel allows people to save money on trips to various popular locations. It is backed up by a company by the name of Zyndio. In simple words, this is a company that provides travel booking service at a discounted price. They provide the ability to book hotels, airlines, cruises, rental cars and more directly from their website.
Since this is an MLM company, you can earn money by becoming a member and participating in the compensation plan. Travel booking is not a unique idea as other MLM companies also focus on it.
It is not clear who is the owner of this company on their website. I found through a quick search that the CEO of this company is Anthony V Powell. He has co-founded and founded some other companies as well.
In this ZynTravel review, I will take a closer look at this multi-level marketing company and reveal my thoughts about it.
Product Name: ZynTravel
Overall Rating: 5.9 out of 10
How Does Zyn Travel Work?
Since I could not find much information about the compensation plan on the website of this company, I had to look at other sources. I was able to find their compensation plan that was published in the year 2016. It might be outdated, but it is the latest version of the compensation plan that I could find online.
So, let us take a look at the ways of earning money from the compensation plan of this company.
Customer Travel Commission
You can earn 25% commission on the total travel profits that are earned from your website. So, you will not earn the 25% commission on the total price of the travel, but you will earn it on the profits.
The profits will be the difference between the travel retail price and travel cost minus operation costs.
Let me give you an example to clarify how you earn commissions. Suppose someone purchased a travel package through your replicated website worth $5,000. Now the company earned 10% profit from the sale, which would be $500.
Assuming that the operation costs are zero, you will earn 25% of $500 or $125. This is just an example, and you shouldn’t assume that the company will earn 10% profit from a sale as this has not been clarified by the company.
More Information About ZynTravel
Customer Referral Bonus
You get an incentive of 20% for each new customer that you enroll. You are paid 20% on your level 1 customers and 5% on your level 2 customers.
As a Platinum member, you will earn $30 for Gold sign-ups and $100 for Platinum sign-ups on level 1. Similarly, you will earn $7.50 for Gold sign-ups and $25 for Platinum sign-ups on level 2. The referral bonus for Gold members is not mentioned in the compensation plan.
Customer Travel Bonus
This bonus can be a little hard to understand so please pay attention. There will be two levels in this bonus, but only the Platinum members will get the benefit of the second level.
Let us first focus on Gold members. As a Gold member, new customers will be placed in your 2×2 matrix. When you have two Gold customers, then you will earn $300.
The Platinum members will have two different matrixes. The first one will be the Gold matrix, which will work like it does for Gold members. They will have an additional matrix or the level 2 matrix where they will have 4 customers.
A Platinum customer will be placed in both the matrixes while a Gold customer will be placed in the Gold matrix only. When you have 4 customers in the Platinum matrix, then you will earn $700.
You can earn $1,000 from this bonus by completing both the matrixes, and you can do this again and again. You only have to complete the Platinum matrix as the Gold matrix will be filled up on its own when you complete the Platinum matrix.
There are several other ways of earning money through the compensation plan like Customer Bonus Pool and Customer Matching Bonus.
There are 7 ways of earning money from this compensation plan. It is very profitable if you can bring in a lot of people and convince them to do the same.
How Much Does It Cost To Join?
There are three different memberships in ZynTravel. The least expensive membership is the Gold membership while the most expensive one is the Black Diamond membership.
Following are the memberships of ZynTravel and their prices.
Gold Membership: $199.99+$29.99 Setup Fee and $19.99 Monthly Fee
Platinum Membership: $499.99+$29.99 Setup Fee and $19.99 Monthly Fee
Black Diamond Membership: $999.99+$29.99 Setup Fee and $19.99 Monthly Fee
As you can see that it can get pretty expensive if you go for the Black Diamond membership, but it does provide high earning potential and other benefits.
You can visit the website to see a side by side comparison of the various memberships.
How Much Can You Earn?
There is a problem with this opportunity that can’t be ignored. The company places a lot of emphasis on recruiting.
Any person who wants to get discounts has to become a member. So, there is no difference between a customer and a member. This is a big red flag because this company can be classified as a pyramid scheme in the future.
So, you will have to focus on just one thing to earn a lot of money and that is recruiting. It may sound easy, but recruiting is very hard especially when you are not experienced. I don’t know why people would spend money on the memberships unless they go on a lot of trips.
People that go for trips once or twice in a year might not get enough benefit from the memberships to buy them.
It will be very hard to convince people to join this business opportunity. Even if they join, they might not do well and help you earn the big commissions. In short, your chances of earning a full-time income are very low.
Are There Any Complaints?
No, I could not find any complaints. I have a few concerns that I have listed below.
- This maybe a pyramid scheme.
- Their compensation plan is not available on the website.
Zyn Travel or Zyndio may not be a scam, but I am not 100% sure. This company focuses on selling the business opportunity rather than selling the products.
You need to pay for the highest membership to earn the most amount of money, which is unfair. I cannot recommend this company because it doesn’t seem to offer much. I still leave the final decision in your hands. Good luck and choose wisely.
- A lot of money can be made from recruiting
- No mention of CEO on the website
- No information about compensation plan on the website
- Pays people for recruiting others
- Focuses on selling the business opportunity
- May be a pyramid scheme
How Can You Earn Money Online?
It seems like you are interested in joining in ZynTravel because you already discovered the earning potential of having your own business. It also feels like that you just want to have a new source of income that can help you get out of the rat race.
But let me tell you that this kind of business is not that easy. If you don’t want to talk to people and sell some products then you might face some problems. Also the results don’t come right away. It takes time before you can achieve your goals.
Now, your next question is, how can you really make money at home? My best suggestion would be through making your own online business by a help of a community.
Basically it is a new way of earning. It doesn’t require that much investment and you can start with it even with no prior experience. Once you have built the foundation of your business then it can give you a passive source of income.
Right now, I am on my third year in this program and I am already enjoying the fruits of my labor. So, I want to share my success with you.
If you have more questions and concerns about the World Global Network, feel free to comment it below and I would be glad to interact with you.
Let me hear your experiences on the comments below!